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It is 5 15 in new york, President Trump welcoming Angela Merkel to the white house, the meeting could be tense because of significant policy differences, trump has criticized the refugee policy calling it a disaster for germany and said nato is obsolete but both sides insist they want to develop a strong working relationship. Trumps Budget Proposal getting strong heat for members of his own party, theyre keeping up the military but far less enthusiastic about trumps recipe for doing so without adding to the 20 trillion debt. And snapchat, the stock of its Parent Company, snap shares dropping below 20 after another analysts accelerating on the stocks, a lot of competition out there. It has been relatively up week for the stock market, no big games, we are flat, down to point, s p down a point, nasdaq up not even a point. Lets look at what is happening now. The Trump Administration defending its America First budget which contains deep spending cuts, creating a lot of pushback particularly in hollywood. Here is more on the reaction. Explain to us. Reporter people dont like when you take things away from them and that is why Budget Proposals are never entirely popular even when we are headed toward a 20 trillion mark with our National Debt but lets start with winners of the president s budget, the big winner is Defense Department followed by Homeland Security and Veterans Affairs. The losers are led by the Environmental Protection agency and various programs in the state department and cuts for a number of arts and Humanities Program including National Endowment for the arts and humanities as well as corporation for public broadcasting. Hollywood was quick to voice its discussed with those proposals including josh yet and who said it is insane to defend the arts but here we are, the hashtag right to bear arts is what makes us great. Without science and arts, where are we . Billy editor went to present trumps daughter tweeting hello, dear. At what point will you tell your children that your father killed snufleupagus snufleupagus. After all the wars are fought, what remains our nature, art, trump cannot cut us out of the picture. Despite those proposed cuts it is the state department that is poised to be the hardest hit losing 28 of its budget. Secretary of state Rex Tillerson has no problem with that. Im confident that with the input of the state department we will construct a way forward that allows us to be much more effective, much more efficient and be able to do a lot with fewer dollars. The white house is continuing to defend the Budget Proposal with Mick Mulvaney saying this is the fulfillment of the president s campaign promises. America first, and America First candidate, America First president , and America First budget, 54 billion of additional defense spending, more details on where the money is going. The keyword with the America First budget is it is a proposed budget. It has to make its way through capitol hill. Members of congress have said there are a lot of issues they have with it and it will not look the same when it comes out on the other side. March madness gets into full swing with northwestern in its first tournament in 78 years pullinff a victory, villanova showing why they are on top. You can catch a blockbuster at the box office. Come to my father. Come into the light. Disneys liveaction beauty and the beast easing in 120 million in its debut weekend. You are watching fbn a. M. Happy st. Patricks day. Im going to the bank, to discuss a mortgage. Ugh, see, you need a loan, you put on a suit, you go crawling to the bank. This is how i dress to get a mortgage. I just go to lendingtree. I calculate how much home i can afford. I get multiple offers to compare side by side. And the best part is. The banks come crawling to me. Everything you need to get a better mortgage. Clothing optional. Lendingtree. When banks compete, you win. Okay . Awkward. It is not as terrible as he appears. Kill the beast think of the one thing you always wanted. Feel it in your heart. Disneys live action version of beauty and the beast hitting theaters across the country. Emma watson asbell, dan stevens as the beast, hoping to be the first 100 million opener of 2017, reportedly cost 300 million to make and market. The original beauty and the beast was released in 1991 and became one of disneys most beloved animated films. And musical about the controversial drug executive Martin Shkreli comes at the same time that he is set to appear in court on charges of securities fraud. It debuted last summer under a different name as part of manhattan film festival. It focuses on his 2 million purchase of the exclusive right to an album. Time for sports, no shocking upsets in day one of the ncaa mens basketball tournament but plenty of drama. Vanderbilt against northwestern, northwesterns fourth trip and fans came out for it. Secondhalf, gavin makes the reverse lay in and the foul. The wildcats uplifting, purple section honk, the vanderbilt shows off his great range, vanderbilt down 6, this is where the madness begins, 30 seconds to go making the lay in and put it up by one. After the inbound pass, commits the foul. Mister dave is not aware that there are no more fouls to give. Made a big mistake, freethrows. And 5 seconds left, and missed the wildcats win, and 6766 and villanova taking gun, mountaineers had lead in the first half. A beautiful pass to chris ray, not nearly up 3, secondhalf was all villanova. With the pump, spins around the defender and finishes, villanova goes on doing that number 7656. Russell westbrook continues to amaze us, this is the last time you will see the deal, westbrook goes across court. For the lay in, watch it again, listen, between his legs as the kids say, that is sick. Westbrook has another tripledouble. Donald trump meets Angela Merkel at the white house amid tension between the two. Last my the president welcomed the Prime Minister of ireland. St. Patricks day has become a truly important occasion in the United States, one embraced by americans of all faiths and all backgrounds. Thinking below 20, take a look. President donald trump, one trillion dollar budget blueprint drawing fire from both sides of the isle. We have the latest reaction. Good morning. Im nicole pedallides. Angela merkel, a lot on their plate including immigration, security and trade. Nicole stock rally taking a breather after wednesdays the decision to raise interest rates, dow at 15 points and here is the outlook. Stand by for that. What are futures doing now . Down two. S p down one. Warner the kospi is up as Rex Tillerson talks about easing tensions with north korea, shanghai composite in china down 10 , medicaid down a third of 1 . Nicole roller coaster week for oil prices with crude below 50 a barrel. Investors waiting to see if opec will extend its production cuts passed june. Phil flynn will make sense of it all. Lauren analysts question the companys outlook and in sports march madness gets into full swing with northwestern in its first tournament in 78 years pulling off a victory. Villanova shows why they are at the top. Nicole march madness and st. Patricks day. It is 5 30 in new york, welcome to fbn a. M. For the latest breaking news. Warner President Donald Trump will meet with Angela Merkel at the white house, the two leaders have been highly critical of one another with trump calling the decision to allow hundreds of thousands of refugees into germany a, quote, catastrophic mistake. Merkel has criticized the travel ban targeting citizens of several mainly muslim countries. Trump and Angela Merkel will hold a News Conference at 1 20 eastern time and we will bring it to you live on foxbusiness. President trump met with the irish Prime Minister ahead of st. Patricks day, the traditional white house meeting taking a more serious tone, urging to help irish People Living in the United States illegally so resident trump attributes irishamericans contribution to americas prosperity. They often overcame great hardship, the hardship they overcame for us, for our people is inspiring and really helped a relatively young nation beyond what anyone really understands or knows. Lauren trump discussing the irish economy. Nicole 1 trillion budget blueprint drawing fire from both sides of the aisle on capitol hill. John mccain who chairs the Senate Armed Services committee wants even more money to rebuild the military. It is clear this budget proposed today cannot pass the senate and Chuck Schumer tweeting the very programs most help the middle class are those that get clobbered the hardest by these trump cuts. We will get more on the budget from blake berman right now. Reporter President Trump has released his first budget request and includes cutting almost all Government Agencies and departments was the environment Protection Agency leads the way with 31 cut, the state labor and agriculture departments are over 20 would only three agencies the proposed increases by the Defense Department at a 10 clip, 54 billion increase. The development of Homeland Security and Veterans Affairs in the 6 range. The Trump Administrations is the focus is on beefing up the military and bolstering the nations security, democrats point to the multitude of cuts elsewhere and say the president s priorities are in the wrong place. This is the message the president wanted to send the public, the press, capitol hill, he wants more money for defense, more for border enforcement, more for Law Enforcement generally, more money for the vets, more money for School Choice and to offset that money, savings elsewhere. Dollars at defense, ransacking americas investment in jobs, innovation, clean energy and lifesaving medical research. It will leave our nation weakens. Reporter make mulvaney saying the administration is projecting fiscal year 18 budget deficit of 488 billion, same as fiscal year 17. I asked sean spicer if the administration is willing to put entitlement reform on the table to drive down that number. Laser would only say the president s blueprint is a huge down payment on the president s goal of achieving fiscal responsibility. Nicole the Health Care Bill narrowly cleared another hurdle. The House Budget Committee voting 1917 to advance the legislation, three conservative republicans opposed it. The American Healthcare act as it is known goes to the house rules committee, gop congressional leaders and the white house are working to support the measure from conservatives and moderates and the party, the bill is aimed at dismantling obamacare. Lauren the white house announcing it will appeal rulings from two federal judges the temporarily blocked the revised the department is ignoring all available options to suspend this executive order. We will appeal the flawed rulings, thats part of justice is adjusting legal strategy and timing, we expect action to repeal the ruling of the Fourth Circuit nancy clarification of the order prior to appeal. Danger is real and the law is clear. Before the vice travel ban takes effect, yesterday, the judge in maryland blocked 6 predominantly muslim countries. Rex tillerson continues his tour of asia. He visited the Demilitarized Zone between north and south korea, the most heavily armed border, and also met with us soldiers nearby. Speaking at a News Conference with south korean counterpart, tillerson had this today about north koreas missile program. North korea and its people need not fear the United States or their neighbors in the region who seek only to live in peace with north korea. With this in mind the United States calls on north korea to abandon its nuclear and Ballistic Missile programs and refrain from any further provocations. The commitment to the defense of japan and other treaty allies through the full range of military capabilities is unwavering. Tillerson calling for sanctions on north korea and deployment of antimissile technology in south korea will continue. Adding military action is on the table of north korea advances and elevates their threat, asian stocks are trading today. The hang seng and hong kong up slightly. The shanghai composite down 1 and the nikkei down 100. Lauren london footsie down fractionally, german dax down 0. 2 while the cac quarante in france now up 0. 2 . Nicole we can have an up week or down we, the dow coming into its final day by 31 points, futures down two. Lauren it is one in 6. 48. 91 a barrel up . 17. It has been under pressure. Since june 24th, we are seeing gold is unchanged. Crude sinking below 50 this week, too many concerns of having too much oil, Senior Market analyst that price futures, foxbusiness contributed joining us now, top of the morning to you. We have all the energy in the green. As we switch to the summer blends, we have a glut of gasoline supplies at a record high. The problem is a lot of that is winter blend, will be exported. We will always add a few pennies before the summer driving season begins. Nicole 60 a barrel possible before the end of the day. What are the guys talking about. Reporter they were stunned about the breakout last week. Everyone was getting bullish. Spare Production Capacity in the globe will be the tightest it has been. We need to use all more oil than we can produce on a daily basis, that is usually very bullish. And recalibrate, maybe it is not going to happen, maybe not right away. Nicole thank you, phil. Lauren netflix change get user reviews, the old system of rating movies on a scale of 1 to 5 will soon be history. There will be a simpler thumbsup or thumbs down reading to get the stars and netflix executive says when they tested the new system and found users boosted their number of ratings by 200 . Looks like more feedback from users will be on the way starting next month. Nicole shares rallying 4 in extended trading after the software companys latest Quarterly Results beat expectations. Shares are trading today. The jeweler, focuses on introducing products to revive demand. Investors looking at any updates on their search for a new ceo with plans to cut costs while boosting sales. Donald trump meets with Angela Merkel today and with his new treasury secretary, European Finance ministers to talk about trade in berlin. It is not our desire to get into trade wars, imbalance and certain trading relationships, we have a means to address that. Nicole lets look at temperatures around the country. Still cold in the northeast but not frigid. First look at morning market and breaking news. Everybody deepened ce of trades to give investors even more value. And at 4. 95, you can trade with a clear advantage. Fidelity, where smarter investors will always be. And at 4. 95, you can trade with a clear advantage. Afoot and lighthearted i take to the open road. Healthy, free, the world before me, the long brown path before me leading wherever i choose. The east and the west are mine. The north and the south are mine. All seems beautiful to me. To take advantage of this offer on a volvo s90, visit your local dealer. Nicole lets get you caught up on what is happening now. Donald trump welcomes Angela Merkel to the white house today and significant policy differences, trump has criticized her refugee policy calling it a disaster for germany and said nato is obsolete but both sides want to develop a strong working relationship. Trumps Budget Proposal drying heat from members of his own party, republicans supporting plan to be for the military but less enthusiastic about acceptin